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Lordstown Motors closes assets sale to Foxconn; JV agreement for MIH-based EV development

Green Car Congress

Lordstown Motors, an OEM of electric light-duty trucks focused on the commercial fleet market, has closed the sale of its Lordstown facility and signed a contract manufacturing agreement and joint venture agreement for product development with affiliates of Hon Hai Technology Group (Foxconn). and Irvine, Calif.

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Honda and LG Energy Solution to invest initial $3.5B in JV 40 GWh EV battery plant in Ohio

Green Car Congress

Honda and LG Energy Solution announced that their new joint venture (JV) battery plant will be located in Fayette County, Ohio, about 40 miles southwest of Columbus, where the two companies will commit to investing $3.5 In April 2022, Honda Motor Co., billion and creating 2,200 jobs, pending final government approvals. Earlier post.).

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DOE, General Motors and MathWorks launch EcoCAR Mobility Challenge

Green Car Congress

The US Department of Energy (DOE), General Motors and MathWorks launched the EcoCAR Mobility Challenge, the latest DOE-sponsored Advanced Vehicle Technology Competition ( AVTC ), revealed the 12 competing universities and named the Chevrolet Blazer as the vehicle platform selected for the competition. The Ohio State University.

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Honda announces next steps in preparation for EV production in US

Green Car Congress

Honda announced key next steps in the establishment of its EV Hub in Ohio. In October 2022, Honda announced that it would invest $700 million to retool several of its existing auto and powertrain plants to establish the new EV Hub in Ohio, to prepare for the production of battery electric vehicles in 2026.

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Ohio courtroom restrains picketing at Ford, GM provider plant struck by means of UAW

Baua Electric

An Ohio courtroom issued a restraining sequence that restricts UAW picketing at a Toledo segment battery plant the union struck utmost date. Greater than 400 UAW employees went on crash a date in the past at Clarios’ battery plant in Holland, Ohio, a suburb of Toledo. and Normal Motors. “Our members deserve better.

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Lordstown Motors Goes Bust

The Truth About Cars

On Tuesday, Lordstown Motors Corp. Though the writing was already on the wall for the Ohio-based electric vehicle manufacturer. Former chief executive of Lordstown Motors, Steve Burns, managed to sell off every share of his stock before the company filed for Chapter 11. But it’s not bad news for everybody.

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GM and Honda announce executive leadership and board of directors for Fuel Cell System Manufacturing, LLC

Green Car Congress

General Motors and Honda announced the executive structure for their recently established joint venture company, Fuel Cell System Manufacturing, LLC (FCSM). Haq and Kosaka will be responsible for operations, overseeing the start-up of the JV and ongoing manufacturing operations.

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